The Rs 1,125-crore accessible action accustomed bids for 5,77,07,520 shares adjoin the absolute affair admeasurement of 1,09,99,828 shares, abstracts accessible with the NSE till 19:15 hrs showed.
The class aloof for able institutional buyers (QIBs) was subscribed 13.47 times, non institutional investors 5 times and retail investors 62 per cent, merchant cyberbanking sources said.
The IPO is of 1,57,14,038 shares, including ballast allocation of 47,14,210 shares.
Price bandage for the offer, which opened on Wednesday, has been set at Rs 714-716 per share.
TCNS Clothing Company, which sells its articles beneath W, Aurelia and Wishful brands, on Tuesday aloft over Rs 337 crore from ballast investors.
Kotak Mahindra Capital and Citigroup Global Markets India are managing the issue.
The close had filed abstract affidavit with the Securities and Exchange Board of India to float an IPO in February and accustomed the regulator’s ambitious in May.
As on September 30, 2017, TCNS awash its articles through 418 absolute cast outlets, 1,305 ample architecture abundance outlets and 1,361 multi-brand outlets in altered genitalia of the country.
It additionally awash articles through
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